Robert Reich > President Obama's next big thing should be jobs
President Obama's next big thing should be jobs
The Christian Science Monitor - CSMonitor.com
Robert Reich
3/26/10
"...There is no great mystery about what the federal government needs to do. It must mount a frontal attack on unemployment proportional to the problem. At least another $300 billion in stimulus money is necessary. Some should go to the states and cities to restore cuts; some should be applied to the nation’s crumbling infrastructure; a portion should go to direct hiring (a new WPA).
This should be the Next Big Thing.
It won’t be easy. Most Americans don’t differentiate between temporary federal spending that’s necessary to get jobs back (which enlarges the current deficit) and permanent spending that’s built into federal programs (and creates big debt problems for the future). Many “moderate” Dems won’t even consider a second stimulus.
To accomplish it will require the President draw on his new store of political capital, mobilize his newly fired-up base, and capitalize on his renewed stature as a fighter for the people. But what’s a second honeymoon for if not for something the nation desperately needs?"
This should be the Next Big Thing.
It won’t be easy. Most Americans don’t differentiate between temporary federal spending that’s necessary to get jobs back (which enlarges the current deficit) and permanent spending that’s built into federal programs (and creates big debt problems for the future). Many “moderate” Dems won’t even consider a second stimulus.
To accomplish it will require the President draw on his new store of political capital, mobilize his newly fired-up base, and capitalize on his renewed stature as a fighter for the people. But what’s a second honeymoon for if not for something the nation desperately needs?"
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